Oireachtas Joint and Select Committees

Thursday, 6 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

11:00 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

I have not said that at all. I did not believe there was a probable loss until I saw the Comptroller and Auditor General's report. I knew the issue was being raised, but in 2014 when this occurred, nobody said to me that there was a probable loss. When the Comptroller and Auditor General's office conducted an audit on the 2014 accounts, it made no suggestion there was a problem.

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